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Calculating sales price and food cost cost percentage of 30%? A restaurant budgets for overhead expenses of $430,000 and a profit of $65,000 on the

Calculating sales price and food cost

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cost percentage of 30%? A restaurant budgets for overhead expenses of $430,000 and a profit of $65,000 on the basis of sales of $780,000. Using the overhead contribution method, what is this restaurant's food cost percent- age? What should this restaurant charge for an entree with a cost per portion of $3.97? A cafeteria uses the prime cost method to price it

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